The Fed could start cutting rates in the summer, Pantheon says, providing a boost to markets

Dec 21 2022 by Business Insider

 
Federal Reserve Chair Jerome Powell

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A Fed pivot to interest rate cuts could come in the summer, according to Pantheon Macroeconomics.  A Wednesday note predicted the central bank will issue a final rate hike in January, slowing further to 25 basis points.  A shift to lower rates could provide a boost to markets and the economy, which is expected to slip into a recession next year.

The Federal Reserve could pivot to interest rate cuts by the summer after slower...

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